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Hamilton County, TN

RANK #714 / 1001 NAT  ·  #22 / 33 TN  ·  POP 376,192

1YR FORECAST: -1.0%

5YR OUTLOOK: +25%

Our model projects Hamilton County's housing market at -1.0% over the next year, underperforming most U.S. counties.

[01] Why Hamilton County?

Hamilton County, Tennessee, is often recognized for Chattanooga, its largest city and county seat, which sits along the Tennessee River. The county is located in the southern part of East Tennessee, bordering Georgia, and offers a mix of urban, suburban, rural, and mountain communities. Commutes to Chattanooga from surrounding towns like Soddy-Daisy typically range from 17 to 25 minutes. The area is known for its outdoor recreation, with attractions like Lookout Mountain, Ruby Falls, and the Tennessee Riverpark providing opportunities for hiking, water activities, and scenic views. Hamilton County Parks and Recreation manages a network of parks and green spaces, offering various recreational programs.

Life in Hamilton County offers diverse community options, from the suburban feel of Ooltewah with its schools and parks, to the historic charm of St. Elmo at the foot of Lookout Mountain. Hamilton County Schools serves over 44,000 students across urban, suburban, and rural communities. The economy sees investment in data centers and industrial/logistics sectors. Downtown Chattanooga has experienced revitalization, with growth in hospitality, residential, and commercial areas. Efforts are also underway to support local entrepreneurship through initiatives like the Small Business Resource Center.

MARKET PROFILE

Idiosyncratic Markets

Hamilton County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices -0.1% YoY, population +1.4%, wages +4.9%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
7.7x

Overvalued relative to economy

Home Prices
-0.1%

Prices declining

Climate & Terrain
1.2

Moderate climate & terrain

Price/Rent
17x

Above national median (15x)

Housing looks overvalued at 7.7x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Erlanger Health System Healthcare
    5,000+
  2. 2
    Hamilton County Schools Education
  3. 3
    BlueCross BlueShield of Tennessee Finance
  4. 4
    Volkswagen Group of America Manufacturing
  5. 5
    Tennessee Valley Authority Energy
    2,500+
  6. 6
    CommonSpirit – Memorial Hospital Healthcare
  7. 7
    McKee Foods Corporation Manufacturing
  8. 8
    Unum Group Finance
  9. 9
    Roper Corporation Manufacturing
  10. 10
    City of Chattanooga Government
    1,000+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Hamilton County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
376,192
+1.42% YoY
Median Household Income
$76,183
Median Home Value
$312,800
-0.12% 12mo
Median Rent
$1,253
Average Annual Pay
$69,244
+4.9% YoY
Employment
219,675
-0.7% YoY
Income-to-Home-Value
0.2436
Near national average
Migration Inflow
1.86%
of pop. from another state
Bachelor's Degree+
37.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Building Permits (2025)
1,887
Single-Family Permits
1,705

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
9.5
per 100K · nat avg 6.3
Firearm Fatalities
17.2
per 100K · nat avg 14.8
Injury Deaths
94.3
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
50.0
Good
Good Air Days
51%
535 of 1,057 days
Unhealthy+ Days (3yr)
5
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
48
2022
51
2023
51
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$650M
TOTAL
PROJECT AMOUNT STATUS
Urban Story Ventures Data Center (Jailhouse Studios project)
Urban Story Ventures (in partnership with Oracle)
$500M Proposed
North River Commerce Park Development
Undisclosed (supported by TIF)
$100M Under Construction
Kordsa Chattanooga Facility Expansion
Kordsa Inc.
$50M Completed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +1.4% 78 percentile
Income Growth +5.0% 90 percentile
Vacancy Rate 1.1% 42 percentile
Home Price Change -0.1% 25 percentile
Rent Growth +0.2% 12 percentile
Price/Rent 17x 31 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Hamilton County, TN a good place to move to?

At 28/100, Hamilton County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $76,183 combined with job growth of -0.7% suggests the local economy is struggling to keep pace with national trends.

Is Hamilton County affordable?

Hamilton County leans toward the expensive side. A median home value of $312,800 against an income-to-home-value ratio of 0.24 means housing eats a bigger share of local earnings than the national norm. Renters face $1,253/month on average.

Is Hamilton County growing or shrinking?

Hamilton County's population is growing — up +1.4% YoY — while the job market is roughly flat (employment change of -0.7%). Home values shifted -0.1% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are many people relocating to Hamilton County?

Not particularly — 1.86% of Hamilton County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

[10] Similar Counties by Size & Score

Carter County, TN 28 Tipton County, TN 28 Williamson County, TN 27 Gibson County, TN 31 Rutherford County, TN 32 Wilson County, TN 32 Kane County, IL 28 Lehigh County, PA 29